Answer :
A competitive advantage is a set of unique features of a company and its products that are perceived by the people or companies the organization wishes to serve as significant and superior to those of the competition.
What is the import of a competitive advantage?
Competitive advantage means factors that permit an organisation to produce goods or services better or more cheaply than its rivals. These factors permit the productive material to formulate more sales or superior margins compared to its market competitor.
Therefore, the correct answer is as given above.
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